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Day: May 28, 2014

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Abuse rising in Caribbean citizenship programme

By Street Hype Report WASHINGTON (CMC) – While economically pressed Caribbean countries are selling citizenship to mostly Middle Eastern, Asian, and Russian applicants as an easy revenue source, reports here says abuse of the programme is on the rise. According…

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Compensation sought by prisoner released on appeal Eduardo Swaby was convicted in Summary Court in October 2011 of possession and intent to supply cocaine by Chief Magistrate Ramsey-Hale and sentenced to 12 years in prison. However the conviction was overturned…

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The Editor Speaks: George Town or Ghost Town or the chicken or the egg?

Premier Alden McLaughlin in his Policy Statement on Monday (26) in the Legislative Assembly wants to recharge downtown George Town the country’s capital. Downtown George Town has never been a ‘hot’ spot at night in the 32 years I have…

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Heritage Art programme attracts 500 year six students

500 students in year six at government-run primary schools in the Cayman Islands have enjoyed their last few lessons in the Heritage Arts Programme, which educates students on Caymanian culture and heritage. The programme, run by Cayman Traditional Arts, had…

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Jamaica break 4x200m world record at World Relays

By James Riach in Nassau From The Guardian Yohan Blake anchors team to time of 1min 18.63sec Great Britain makes solid start to championships Jamaica’s men broke the 4x200m world record, set 20 years ago by the USA, on the…

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Tribute to the passing of Bishop Don Taylor

Tribute by the Rt Rev Dr Howard Gregory, Bishop of Jamaica & The Cayman Islands, to the Rt Rev E. Don Taylor, late rector of the Kingston Parish Church. THE DIOCESE of Jamaica and the Cayman Islands mourns the passing…

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Goldman Sachs explains the ‘Return on Equity’ formula that every CFA test taker needs to know

By Sam Ro From Business Insider For investors, one of the most important metrics of a company is return on equity (ROE), which can be calculated by taking net income and dividing it by equity. “The decision to expand into…

Caribbean News iLocal News iWorld News News Publisher's Choice Weather

Tropics: Eyes on Western Caribbean for early June

From msn The area centered around the western Caribbean Sea will be one of a few places to watch for tropical development in the Atlantic Basin this June. This area represents some of the warmest waters of the basin and…

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The Offshore Wrapper: A week in tax justice

From Tax Justice Net Ireland is not a tax haven Michael O’Leary is the opinionated, controversial chief executive of Dublin-based low cost airline, Ryanair. In typical forthright style, O’Leary believes Ireland “has been unfairly singled out” as a tax haven…

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Usain Bolt’s World Championship shoes for CTO New York auction

From TN Global Industry News BRIDGETOWN, Barbados – A pair of training shoes handcrafted by Puma for the world’s fastest man, Usain Bolt, will go on sale at a Caribbean Tourism Organization (CTO) Education Foundation auction in New York City…